RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CIGI
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Colliers International Group Inc. stock price down 2.89% on Tuesday
(Updated on Apr 30, 2024)

Sell candidate since Apr 16, 2024 Loss -4.62% PDF

The Colliers International Group Inc. stock price fell by -2.89% on the last day (Tuesday, 30th Apr 2024) from $107.14 to $104.04. During the last trading day the stock fluctuated 2.71% from a day low at $103.84 to a day high of $106.65. The price has fallen in 7 of the last 10 days and is down by -4.62% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -37 thousand shares and in total, 80 thousand shares were bought and sold for approximately $8.32 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -8.80% during the next 3 months and, with a 90% probability hold a price between $90.92 and $109.18 at the end of this 3-month period.

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CIGI Signals & Forecast

There are few to no technical positive signals at the moment. The Colliers International Group Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $107.74 and $115.44. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -16.45%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Colliers International Group Inc. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.81 between high and low, or 2.71%. For the last week, the stock has had daily average volatility of 2.51%.

Colliers International Group Inc. is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CIGI) For The Upcoming Trading Day Of Wednesday 1st

For the upcoming trading day on Wednesday, 1st we expect Colliers International Group Inc. to open at $104.84, and during the day (based on 14 day Average True Range), to move between $101.39 and $106.69, which gives a possible trading interval of +/-$2.65 (+/-2.55%) up or down from last closing price. If Colliers International Group Inc. takes out the full calculated possible swing range there will be an estimated 5.10% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $118.26, some $14.22 (13.67%) from the current price of $104.04, our system finds the risk reward not very attractive.

Earnings coming up

Colliers International Group Inc. will release earnings BMO on Thursday, May 02, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.94. We will update the financials statements for Colliers International Group Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 8.54% in the first trading day after earnings release.

Is Colliers International Group Inc. stock A Buy?

Colliers International Group Inc. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.260 Sell Candidate Unchanged

Predicted Opening Price for Colliers International Group Inc. of Wednesday, May 1, 2024

Fair opening price May 1, 2024 Current price
$104.84 ( 0.772%) $104.04

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CIGI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 107.65 3.47 %
R2 106.58 2.44 %
R1 105.92 1.80 %
Current price: 104.04
Support S1 103.77 -0.260 %
S2 103.11 -0.90 %
S3 102.03 -1.93 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 122.31 17.56 %
R2 119.39 14.75 %
R1 118.26 13.67 %
Current price 104.04
Support S1 0 .
S2 0 .
S3 0 .

CIGI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 05, 2023 Dec 28, 2023 Jan 12, 2024 $0.150 0.135%
2 May 16, 2023 Jun 29, 2023 Jul 14, 2023 $0.150 0.139%
3 Dec 06, 2022 Dec 29, 2022 Jan 13, 2023 $0.150 0.151%
4 May 17, 2022 Jun 29, 2022 Jul 14, 2022 $0.150 0.137%
5 Dec 07, 2021 Dec 30, 2021 Jan 12, 2022 $0.150 0.105%

FAQ

What is the symbol for Colliers International Group Inc. Stock and on which exchange is it traded?
The symbol for Colliers International Group Inc. is CIGI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Colliers International Group Inc. Stock?
Colliers International Group Inc. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Colliers International Group Inc. Stock?
Colliers International Group Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Colliers International Group Inc. Stock.

What's the current price of Colliers International Group Inc. Stock?
As of the end of day on the Apr 30, 2024, the price of an Colliers International Group Inc. (CIGI) share was $104.04.

What is the 52-week high and low for Colliers International Group Inc. Stock?
The 52-week high for Colliers International Group Inc. Stock is $130.99 and the 52-week low is $83.38.

What is the market capitalization of Colliers International Group Inc. Stock?
As of the Apr 30, 2024, the market capitalization of Colliers International Group Inc. is 4.811B.

When is the next earnings date for Colliers International Group Inc.?
The upcoming earnings date for Colliers International Group Inc. is May 02, 2024.
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About Colliers International Group Inc.

Colliers International Group. Colliers International Group Inc. provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers sales brokerage services, including real estate sales, debt origination and placement, equity capital raising, market value opinions, acquisition advisory, and transaction management services; and landlord and tenan... CIGI Profile

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